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Also known as: FOUNDATION INC
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John Kostic Memorial Foundation Inc. is a private corporation based in DELRAN, NJ. The foundation received its IRS ruling in 2007. The principal officer is Eileen Kostic. It holds total assets of $517K. Annual income is reported at $372K. Total assets have decreased from $1.2M in 2011 to $517K in 2024. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2017 to 2024. Grantmaking is concentrated in New Jersey. According to available records, John Kostic Memorial Foundation Inc. has made 8 grants totaling $46K, with a median grant of $850. Individual grants have ranged from N/A to $40K, with an average award of $6K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in New Jersey, Wisconsin, Pennsylvania, which account for 88% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$200
Average Grant
$4K
Largest Grant
$40K
Based on 12 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
John Kostic Memorial Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NJ, WI, PA.
John Kostic Memorial Foundation Inc. has distributed a total of $46K across 8 grants. The median grant size is $850, with an average of $6K. Individual grants have ranged from N/A to $40K.
The application deadline is MAY 6, 2022. The scholarship benefits incoming college freshmen who live in new jersey, have type 1 diabetes and are seeking higher education at an accredited 4 year university, college, technical or trade school.
John Kostic Memorial Foundation Inc. is headquartered in DELRAN, NJ. While based in NJ, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eileen Kostic | PRESIDENT | $0 | $0 | N/A |
| John G Kostic | TREASURER | $0 | $0 | N/A |
| Emily Kostic | VICE PRESIDE | $0 | $0 | N/A |
| Edwin Regruto | BOARD MEMBER | $0 | $0 | N/A |
| John Markowski | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$517K
Fair Market Value
N/A
Net Worth
$509K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
8
Total Giving
$46K
Average Grant
$6K
Median Grant
$850
Unique Recipients
8
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Cooper FoundationFURTHER FOUNDATIONS PURPOSE | Camden, NJ | $40K | 2023 |
| M YelperFURTHER FOUNDATION'S EXEMPT PURPOSE | Philadelphia, PA | $2K | 2023 |
| M KayeFURTHER FOUNDATION'S EXEMPT PURPOSE | Madison, WI | $2K | 2023 |
| Delran High SchoolSCHOLARSHIP AWARDED BY FOUNDATION | Delran, NJ | $2K | 2023 |
| Delran Middle SchoolFURTHER FOUNDATIONS EXEMPT PURPOSE | Delran, NJ | $200 | 2023 |
| Deborah Hosp FoundationFURTHER FOUNDATIONS EXEMPT PURPOSE | Browns Mills, NJ | $100 | 2023 |
| Samaritan'S PurseFURTHER FOUNDATION'S EXEMPT PURPOSE | Boone, NC | N/A | 2023 |
| Diocese Of TrentonFURTHER FOUNDATION'S EXEMPT PURPOSE | Lawrenceville, NJ | N/A | 2023 |